STK

Strike Minerals Inc. ("Strike") (TSX VENTURE:STK) announces that the company has
completed surface investigation of the Clement claims in Jacobson township near
Wawa, Ontario.


The company completed geological mapping and sampling on its Clements claims
that consist of four claim units that are situated approximately one mile
northwest of the Edwards Mine property. The program was to conduct mapping and
sampling of an identified quartz vein that appeared to be an extension of a zone
that was intersected in the Michael Syndicate shaft on adjacent mineral claims
approximately 425 m northwest of the showing. 


The main showing was exposed by stripping and cleaning, along a 24 metre strike
length and chip sampling was performed at five locations across the veining,
returned significant values for gold. Quartz veining that pinches and swells
occurs within the fault zone and was the subject of the sampling program.
Weighted assay averages, over a 0.9 metre width, at each sample location ranged
from 0.40 g/t Au to 5.34 g/t Au.


The "Michael Syndicate" Shaft located on claim 3015602 (formerly SSM 4200),
approximately 425 metres north-west of the main showing the Strike Minerals
"Clement" property was apparently sunk on quartz veining associated with the
same fault system. Mineralization is reported to be similar (pyrite,
chalcopyrite and gold) as identified in the vein. 


Mike Newbury CEO of Strike comments "While this zone is small, it is mineralized
and does fit within the general structural elements of the Goudreau Lake
Deformation Zone that is the main control factor in the localization of
gold-bearing quartz veins in the area. This zone has a similar trend to the
zones that were mined at the Edwards Gold Mine previously. We will be
considering follow-up exploration to test the extent and continuity of the
mineralization".


All technical information in this press release has been reviewed and approved
by Mike Newbury, P. Eng., who is a Qualified Person ("QP") under National
Instrument 43-101. On site sampling was conducted by Bruce Edgar P. Geo.


About Strike:

Strike Minerals is a TSX-V listed company that is engaged in the exploration and
development of precious metal properties in Canada. Its primary property is the
former producing Edwards Gold Mine property in the Goudreau - Lochalsh Gold Camp
near Wawa Ont. Historic production in the camp between 1930 and 2001 is
estimated at 500,000 ounces. Between 1996 and 2001 underground development was
completed through a decline to a depth of approximately 290 m and mining over
the period resulted in 145,000 oz being produced from the Edwards property at an
average grade of 0.39 opt. At present Strike has dewatered the underground
workings to below the 120m level and is now continuing underground drifting on
both the 60m and 90m level with the plan to be in production by the end of 2012.


Strike also has a large land position in the Hemlo West area near Schreiber,
Ontario. This Property contains a number of historic producers that produced
small tonnages of very high grade gold mineralization, averaging approximately
18-25 g/t Au, between 1935 and 1937, generally associated with shear zones in
the region. The southern claims contain an extension of the Afric gold zone that
Noranda Inc., in 1995-97, calculated a non-NI-43-101 compliant, near surface
"geological resource" of 2.0 million tonnes grading 2.20 g/t gold (140,000
ounces). This estimate was based on the completion of 20 drill holes. Strike is
planning to conduct surface exploration and drilling on the property to test the
continuity of the historical mining zones and the Afric zone in 2012. 


Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the
future performance of Ring of Fire Resources Inc. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially from the Company's
plans and expectations. These plans, expectations, risks and uncertainties are
detailed herein and from time to time in the filings made by the Company with
the TSX Venture Exchange and securities regulators. Ring of Fire Resources Inc.
does not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events or otherwise.

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